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ADELPHIA COMMUNICATIONS CORPORATION POSTPONES EQUITY OFFERING

 COUDERSPORT, Pa., April 21 /PRNewswire/ -- Adelphia Communications Corporation ("Adelphia") (NASDAQ-NMS: ADLAC) announced today that Adelphia has decided to postpone its planned offering of 10,000,000 shares of Class A common stock.
 The decision not to proceed currently with the equity offering was the result of the uncertainties and need for clarification created by the cable television rate regulation proceedings at the Federal Communications Commission.
 Adelphia also announced that, for the same reasons, it was postponing its expected filing of a registration statement for an offering of $100,000,000 aggregate principal amount of senior debentures due 2008 that had been previously announced.
 The Class A common stock of Adelphia is traded on the NASDAQ National Market System under the symbol "ADLAC."
 -0- 4/21/93
 /CONTACT: Timothy J. Rigas, senior vice president of Adelphia, 814-274-9830/
 (ADLA)


CO: Adelphia Communications Corporation ST: Pennsylvania IN: TLS SU: OFR

KC-CD -- PG024 -- 8959 04/21/93 16:35 EDT
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Publication:PR Newswire
Date:Apr 21, 1993
Words:156
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